|
|
Article: Tax charges latest setback for North Star. (North Star Contracting Corp.)
- Article from:
- Westchester County Business Journal
- Article date:
- June 8, 1992
- Author:
CopyrightCOPYRIGHT 1992 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The owner of a New Rochelle electrical contracting firm faces 15 years in prison and fines of up to $500,000 if convicted on federal tax evasion charges.
In addition, the company, North Star Contracting Corp., lost a long-running $10 million court battle last week against a former employee it had charged with breach of fiduciary responsibility and the theft of trade secrets.
Joseph Lovece, owner, president and chief executive officer of North Star, was indicted April 9 by a grand jury on five counts of subscribing to false personal tax returns and assisting his company in filing false corporate tax returns. The charges were brought by the U.S. Attorney's ...